LOS ANGELES — Organizers of the Oscars said in a press conference late Tuesday that they will be truncating the red-carpet portion of the awards event, but the show will go on. Even before Academy Awards producer Gil Cates Jr. and Frank Pierson, president of the Academy of Motion Picture Arts and Sciences revealed their decision, the cottage industry surrounding the grand event was beginning to feel the effects as participants try to continue conducting business in these not-so-usual times. Here’s what’s happening in and around town as Hollywood gears up for its own version of March Madness.

AS NOT SEEN ON TV: The evening entertainment shows are adjusting their programming. While "Entertainment Tonight" will cover pre-Oscar parties, it has decided to pull the plug on coverage of the various beauty treatment suites, stationed at the Le Meridian, the Peninsula and other hotels all over town this week. It’s a blow to the companies who shell out thousands in the hope of scoring a celebrity and even the more coveted broadcast media. An "Extra" producer reported its crew will continue its coverage as planned, although the opening dates of many of the suites are so late in the week that they will likely be skipped for that reason. "Unless the [national] security code moves up past orange, we’re just going forward," she said. As for "E!," style director Elycia Rubin is limiting suite coverage to the Beauty Buffet at the Chateau Marmont for a simple reason: "We’ve done that story to death."

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